Amer Sports CEO exercises 33,350 RSUs
Amer Sports, Inc. Chief Executive Officer Zheng Jie (James) exercised restricted stock units into ordinary shares.
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Rhea-AI Filing Summary
Amer Sports, Inc. Chief Executive Officer Zheng Jie (James) exercised restricted stock units into ordinary shares. He converted 33,350 restricted stock units, each representing a right to receive one ordinary share of Amer Sports, Inc., into 33,350 ordinary shares with a transaction price of $0.00 per share. Following this derivative exercise, he directly holds 1,262,385 ordinary shares. The restricted stock units were granted under the Amer Sports, Inc. 2024 Omnibus Incentive Plan on April 15, 2024 and are scheduled to vest in equal installments on the second and third anniversaries of the grant date, subject to the plan and award agreement terms.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 33,350 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 33,350 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one Ordinary Share of Amer Sports, Inc.
- F2. Reflects restricted stock units granted under the Amer Sports, Inc. 2024 Omnibus Incentive Plan ("the 2024 Omnibus Plan") on April 15, 2024, which are scheduled to vest in equal installments on the second and third anniversaries of the grant date, subject to the terms of the 2024 Omnibus Plan and the applicable award agreement.
Key Figures
Key Terms
Restricted Stock Units financial
derivative security financial
Amer Sports, Inc. 2024 Omnibus Incentive Plan financial
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